Potential strategic transactions’ hoped to reverse sales and profit declines; Berkshire Hathaway reps leave the board of ...

Saudi Arabia’s Flynas attracted about 410 billion riyals ($109 billion) in orders for its $1.1 billion initial public ...

Riyadh: Saudi Arabia’s budget airline flynas, backed by Prince Alwaleed bin Talal’s Kingdom Holding, has priced its initial ...

Analysts are reacting to the disclosure by Kraft Heinz Company (NASDAQ:KHC) late on Tuesday that it is evaluating strategic ...

The Kraft Heinz Company (NASDAQ:KHC) has been looking for potential strategic transactions over the last several months, the ...

Kraft Heinz is weighing up “strategic transactions to unlock shareholder value”, the US food major has announced.

Kraft Heinz said it is evaluating potential “strategic transactions” to boost its stock price, and announced that Berkshire ...

Mawani and Sultan Logistics have signed a contract to establish a logistics park with an investment of up to SAR 200 million ...

Kraft Heinz has been evaluating potential strategic transactions for the past several months, a disclosure that came as the maker of ketchup and sliced cheese said Berkshire Hathaway will no longer ...

The company’s North America president didn’t specify the time frame but indicated facility upgrades were becoming a priority.

Also on Tuesday, Kraft said that Berkshire Hathaway will no longer hold seats on its board. As a result, Timothy Kenesey and Alicia Knapp have stepped down from their positions, and the company has ...

Kraft Heinz plans to invest $3 billion in upgrading its U.S. manufacturing facilities, according to Reuters. The investment is the largest that the company has made for its facilities in 10 years.